Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Kraken Futures against Polymarket Perps+0.033%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.354% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.033%, 7d avg −0.022%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.055% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SUI-USD1.01590.0100pay 0.0013% / 1h56m 42s$126K$565K10x
ShortKraken Futures PF_SUIUSD1.01620.0119get 0.0015% / 1h56m 42s$6.8M$21.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.92
Price spread: +0.033% → −0.022%
$5.49
Slippage, 4 orders
−$17.43
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$26.02
Costs to cover
0.354%
Break-even
53.5 days
Slippage from Polymarket Perps: live order book, 46 min ago; Kraken Futures: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 46 min ago2.47 bp8.3 bp −$89.2 bp −$92doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago0.49 bp9.7 bp −$1013.4 bp −$13431.6 bp −$3,165doesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.2780%1h1.0090−0.679%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0150−0.085%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0272%1h1.0171+0.119%$5K$20K7xas long as short
Bluefin SUI-PERP−0.0079%1h1.0147−0.118%$582K$422K25xas long as short
dYdX SUI-USD0.0000%1h1.0152−0.069%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0165+0.059%$377K$4.4M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0163+0.039%$195K$558K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0157−0.018%$115K150xas long as short
Lighter SUI+0.0096%1h1.0156−0.032%$765K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0152−0.069%$296K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0154−0.049%$39K$522K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0161+0.020%$47K$229K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0146−0.133%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0152−0.064%$689K$2.2M10xas long as short
Hyperliquid SUI+0.0100%1h1.0160+0.010%$73.2M$80.5M10xas long as short
Aster SUIUSDT+0.0100%8h1.0153−0.056%$896K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0150−0.089%$216K$257K10xas long as short
Binance SUIUSDT+0.0100%8h1.0149−0.098%$146.3M$1.00B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0146−0.132%$98.1M$312.2M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0147−0.118%$40.9M$370.2M50xas long as short
Arcus SUI-USD+0.0100%1h1.0150−0.089%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0169+0.102%$239K$45410xas long as short
Gate SUI_USDT+0.0100%8h1.0155−0.039%$168.0M$81.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0149−0.098%$154.2M$281.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0150−0.089%$49.9M$52.4M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0144−0.148%$66.9M$170.1M75xas long as short
BingX SUI-USDC+0.0100%8h1.0148−0.108%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0157−0.020%$668K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0158−0.013%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0171+0.122%$163K$4.3M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0162+0.028%$448K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0167+0.079%$223K$378K50xas long as short
Polymarket Perps SUI-USDlong+0.0100%1h1.0159long leg$126K$565K10x
SunX SUI-USDT+0.0100%8h1.0172+0.128%$3K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0162+0.030%$6K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0152−0.069%$628K$18.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0164+0.049%$11.7M$28.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0153−0.058%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0160+0.014%$39K$11K3xas long as short
Kraken Futures PF_SUIUSDshort+0.0119%1h1.0162+0.033%$6.8M$21.9M50x
01 Exchange SUIUSD+0.0136%1h1.0156−0.030%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0161+0.020%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0178+0.187%$1.0M$14.5M50xas long as short
Phoenix SUI+0.0431%1h1.0180+0.208%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0158−0.015%$934K100xas long as short
Aftermath Perps SUIUSD+0.1349%1h1.0172+0.128%$82K$409K10xas long as short